N Korea Trying Obamanomics

Many attribute this continued growth to a 2012 decision of officially recognize that those who produced more should get more. It was not legal to be economically successful before that change. Since then the government has realized that this rapidly growing entrepreneur class is a potential threat to the Kim dynasty. At the same time the Kims were aware that the wealth this entrepreneur class was creating was keeping the economy afloat. More attention is being paid to keeping the entrepreneur class under control without destroying their economic benefits.

via Korea: We Are Badass, Fear Us, Please.

Advertisements